Putnam Mast Int (NYSE:PIM) Short Interest Update

Putnam Mast Int (NYSE:PIM) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 137,790 shares, a growth of 304.6% from the May 31st total of 34,052 shares. Based on an average daily volume of 90,736 shares, the short-interest ratio is currently 1.5 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Trading of Putnam Mast Int

Hedge funds have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in Putnam Mast Int in the second quarter worth about $25,000. Landscape Capital Management L.L.C. purchased a new position in shares of Putnam Mast Int in the fourth quarter worth approximately $45,000. Northstar Financial Companies Inc. purchased a new position in shares of Putnam Mast Int in the first quarter worth approximately $49,000. M3 Wealth Management LLC bought a new stake in Putnam Mast Int during the fourth quarter valued at approximately $68,000. Finally, Integrity Advisory Solutions LLC bought a new stake in Putnam Mast Int during the fourth quarter valued at approximately $73,000. Hedge funds and other institutional investors own 55.06% of the company’s stock.

Putnam Mast Int Trading Up 0.5%

PIM stock traded up $0.01 on Monday, hitting $3.17. The company had a trading volume of 10,670 shares, compared to its average volume of 85,765. Putnam Mast Int has a 12-month low of $3.07 and a 12-month high of $3.50. The stock’s 50-day simple moving average is $3.19 and its 200 day simple moving average is $3.25.

Putnam Mast Int Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be paid a $0.022 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Monday, August 24th.

About Putnam Mast Int

Putnam Master International (NYSE:PIM) is a closed-end management investment company that seeks long-term capital appreciation by investing primarily in equity securities of non-U.S. companies. The fund maintains a diversified portfolio spanning developed and emerging markets, with a focus on identifying businesses offering strong growth potential, attractive valuations and sound corporate governance. Shares of PIM trade on the NYSE, providing investors with a fixed capital structure and the opportunity to gain exposure to global equity markets through a single vehicle.

The fund’s investment team, managed by Putnam Retail Management LP, conducts bottom-up fundamental analysis to select holdings across multiple industries and geographies.